3one4 Capital leads fresh funding round in digital lending firm LoanTap
Mumbai-based LoanTap Financial Technologies Pvt. Ltd, a digital platform that offers loans and overdraft products to salaried professionals, has raised $8 million (Rs 57 crore at current exchange rates) in a fresh round of funding, the firm’s fifth since inception, led by new investor 3one4 Capital.
SC verdict on Aadhaar rattles companies with eKYC and lending operations
“A law has to be passed or a Union Cabinet note has to be issued to allow the legitimate use of Aadhaar-based e-KYC for faster onboarding and to usher in Digital India,” said Vishwas Patel, chairman, Payments Council of India (PCI).
Shunwei Capital leads fresh funding round in fintech startup LoanTap
Mumbai-based LoanTap Financial Technologies Pvt. Ltd, a digital platform that offers loans and overdraft products to salaried professionals, has raised $6.25 million (around Rs 42.8 crore) in a fresh round of funding led by Chinese venture capital firm Shunwei Capital, a company statement said on Thursday
Regulation is the need of the hour for P2P startups
A major issue affecting any nascent industry is regulation. There are pros and cons: Though regulation seems to stifle innovation, unbridled organisations may cause more harm than good to the society.
